Crypto Scammers Hijack Delhi Capitals X Account to Promote Fake Solana Token

3 weeks ago 7
ARTICLE AD

The hackers’ posts remained live for a few hours before the team regained control of the account later that evening.

Key Notes

Scammers gained control of the X account of the Delhi Capitals cricket franchise on September 10 to promote a fraudulent Solana-based token named "HACKER”The scammers used the account to post misleading information about the fake token, including claims of their ability to hack other accounts, before the post was removed.

Scammers took over the X account of Delhi Capitals, a prominent cricket franchise in the Indian Premier League (IPL), to promote a fraudulent Solana-based token with the ticker symbol “HACKER”, misleading fans and crypto enthusiasts alike.

The incident took place on Tuesday, September 10.  However, it seemed the hackers were testing the waters to see how the platform’s  2.6 million followers would react to the franchise’s adoption of crypto.

Delhi Capitals Regains Access to Account

According to reports citing the now-deleted post on X (formerly Twitter), the scammers posted that they had taken control of the account, openly stating, “Yes, this is a hacked account,” before announcing the launch of the fraudulent crypto token.

Data from DEX Screener showed that the so-called digital asset HACKER was created just a few days ago. The thieves claimed they could hack other X accounts that dared to interact with the token address.

The hackers’ posts remained live for a few hours before the team regained control of the account later that evening. Meanwhile, this is just one of the latest incidents of hackers hijacking the accounts of celebrities and prominent individuals to promote fake tokens. For example, Hollywood celebrities Sydney Sweeney and Bob Odenkirk had their X accounts compromised, and hackers used them to shill fake meme coins.

These scams, which involved tokens like $SWEENEY and $KIRK, generated significant trading volume before collapsing. The scammers reportedly made around $530,000 in one of the exploits.

A Wave of Celebrities Account Hacks on X

Other celebrities, such as Caitlyn Jenner and crypto influencers like Gigantic Cassocked-Rebirth (GCR), also fell victim to these attacks. In the case of Jenner, the hackers used her account to promote a crypto token known as JENNER.  Within eight hours of launch, the digital asset generated a market cap of around  $27.1 million.

As for GCR, the X account was used to promote an already-known cryptocurrency, ORDI, the native token of the Ordinals platform, and Luna2.0, the latest version of the collapsed Terra blockchain’s Luna. The two digital assets gained 6% and 274% within hours of the post on May 26.

Another celebrity, Dimitri Leslie Roger, an American musician known as Rich the Kid, also suffered the same fate. His account was hijacked to promote a token named “RICH”. According to reports, the token, developed through the help of Solana’s meme coin platform Pump.fun reached a market cap of $90,000 within the first two hours of trading before the post was deleted.

Disclaimer: Coinspeaker is committed to providing unbiased and transparent reporting. This article aims to deliver accurate and timely information but should not be taken as financial or investment advice. Since market conditions can change rapidly, we encourage you to verify information on your own and consult with a professional before making any decisions based on this content.

Cybersecurity News, News, Technology News

Chimamanda U. Martha

Chimamanda is a crypto enthusiast and experienced writer focusing on the dynamic world of cryptocurrencies. She joined the industry in 2019 and has since developed an interest in the emerging economy. She combines her passion for blockchain technology with her love for travel and food, bringing a fresh and engaging perspective to her work.

Chimamanda U. Martha on X

Julia Sakovich

Julia Sakovich on X

Read Entire Article